Earnings
Ford Credit Earns $1.9 Billion Profit in 2014
Ford Motor Credit ended 2014 with favorable earnings and a pre-tax profit of $1.9 billion for 2014. Profits for the...
Ally Auto Originations Hit $41 Billion in 2014
With $9 billion of loans originated in the fourth quarter of 2014, Ally Financial Inc. capped the year with $41...
Huntington Boosts Auto Lending in 4Q, Projects Soaring 2015 Auto Sales
About 16% of consumers said they will definitely purchase a car in 2015, according to a new survey by Huntington...
First Niagara to Back Off Auto in 2015
First Niagara looks to be taking its foot off the gas on auto loans in 2015. During its fourth-quarter earnings call...
NPR, NY Times Latest to Sound the Auto Finance Alarm
Is subprime auto finance a financial-disaster-in-the-making? Well, according to NPR's "All Things Considered," it is. The public radio organization last...
Credit Losses Have ‘Normalized,’ Cap One Declares
On the heels of the clarion call from Honda Motor Co.'s U.S. sales chief that lenders are originating "stupid" 84-month...
On the Horizon: Tougher Sales Environment and Pricing Pressure
A tough vehicle sales market and profit pressures are on the auto finance horizon. That was the message from a...
Daimler FS Expecting Best Year Ever
Daimler Financial Services recorded earnings before interest and tax of nearly €1.1 billion ($1.4 billion) through September 2014, up 14% from...
